If you do a $20 Buy-in with $5 Bounty (Most places I go to make it optional). You get what's called a bounty chip. You keep the bounty chip in front of you, it doesn't have any value except if you go all-in you place your Bounty chip in too. If someone takes you out they get your bounty chip. At the end of the night you cash in all the bounty chips you earned. In this case if you took out 3 people you would get $15.

Hmm... I was looking for some rules about usage of bounty in poker... and I ve found some topic that got me all confused...Its about split pot and bounty chip... Like, there are 3 players and only one has bounty chip, what happens if pot is split... I thought if you dont have a bounty you cant win one...

Could someone gimme link to or explain details of using bounty chips rules... I like this optional thing, where nobody is forced to buy it...

You should have a way to determine who wins in the event of a split pot where someone goes out. The most common way would be to go by highest card (using suit if needed) in the players' hands. Or use the player furthest from the button. Or high card for the hit.

Feedback received: Players basically liked it better when I made it mandatory (I simply moved the buy-in up to $30 from $25)

Reasoning: If a player busts-out 5 folks, but only 2 have bounty chips - it's kind of a downer. More fun when everyone is in on the action and all are at risk. Also - EVERYONE has an opportunity to brag that they made $$$ playing poker.

Note to above comments: You need to make it where only those who OWN a bounty chip can WIN a bounty chip, if you play it optionally. Otherwise, you have a very serious disincentive to NOT participate as a player.

This is how our tournament handles the Bounty Option, been working just fine.

Bounty Option: · When a player buys into the Bounty Option they buy a Bounty Chip, the cost of the Bounty Chip goes into a Bounty Pool, this chip has no value during the tournament, it is only used to identify a Bounty Player.· The Bounty Chip is kept in front of a Bounty Player and is only put into the pot if the Bounty Player goes All-In. · The Bounty Player can only lose the Bounty Chip if they get knocked-out. · A Bounty Chip can only be won by another Bounty Player.· If a Bounty Player gets knocked-out by more than one player, The Bounty Chip goes to the Bounty Player with the biggest stack, if none of the winning players is a Bounty Player, the Bounty Chip goes into the Inactive Bounty Chip Pot, which is given to the last Bounty Player in the game. · If a non-Bounty Player knocks-out a Bounty Player (which includes the Bounty Chip) the lost Bounty Chip goes into an Inactive Bounty Chip Pot, which is given to the last Bounty Player in the game. Whether or not the last Bounty Player gets knocked-out before the end of the tournament.· The Last Bounty Player will end up with all the Bounty Chips and wins the amount in the Bounty Pool.